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i need help. tq Beginning of the year 2014, Villa Resort Tennis Shop showed a balance of Cash account RM2,500 and during the year, the
i need help. tq
Beginning of the year 2014, Villa Resort Tennis Shop showed a balance of Cash account RM2,500 and during the year, the following transactions were completed during April 2014: April 4 Purchased racquets and balls from Denton Co. on credit RM740 April 6 Paid cash for freight expenses on Denton Co. purchase RM60 April 8 Sold merchandise to members on account RM900 April 10 Received credit note value of RM40 from Denton Co. for a damaged racquet that was returned April 11 Purchased tennis shoes from Newbee Sports for cash RM300. April 13 Paid Denton Co. in full RM650. April 15 Received cash refund of RM50 from Newbee Sports for damaged merchandise that was returned. April 30 Received RM500 in cash from members in settlement of their accounts. Required: Journalize the above transactions Step by Step Solution
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